The EUR/USD pair gapped to the upside on Monday, reaching towards the 1.09 level during the day. Pullbacks should continue to offer buying opportunities, as the market looks so well supported. I have no interest in selling this pair, the market looks as if there are plenty of buyers involved, and that more than likely we should reach towards the 1.10 level after that. In the meantime, I look at the 1.0750 level underneath as support and I believe that it will continue to push the market to the upside. Concerns about the ability to pass tax reform are now starting away upon the US dollar.
Written by FX Empire